BBCNEWS BBC News at One June 4, 2024 12:27:00
Today. the problem is that as of now, prices are rising at twice that speed, and so, that is what is causing the squeeze on the cost of living and so on. what you get in pounds and pence depends on your particular circumstances. with a state pension, it is slightly different, normally we get the triple lock, that links the rise to rising inflation, earnings or 2.5%, whichever is highest. and this time, they have taken out the earnings level, because it is skewed by covid, and so what might have been an 8% rise in the state pension is now actually a 3.1% rise. an 8% rise in the state pension is...
Source: archive.org